Multiple Choice
Use the following to answer questions:
-(Figure and Table: Variable, Fixed, and Total Costs) Look at the figure and table Variable, Fixed, and Total Costs. When 96 bushels of wheat is produced, the average fixed cost is _____, average variable cost is _____, and average total cost is _____.
A) $7.84; $11.76; $19.60
B) $133.33; $200.00; $333.33
C) $4.17; $16.67; $20.83
D) $5.33; $13.33; $18.67
Correct Answer:

Verified
Correct Answer:
Verified
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